Just to share some information.

Iris share went up to about RM1.30+ from around 8-10 cents while Mobif is from around 80-90 cents and shoot to 3.60+.
So even Iris at 25 cents, the syndicate still making money from it.

I have no comment on whether it is opportunity to buy or sell. The counter is only suit to speculate not for investing for long term.

Even thou IRIS's oscillators are in the oversold area,but there are still no buy signals.The price went up to RM1.38 and drew a major resistance line and peak there,and went down the next few days forming before entering another minor bull trend.

At the near of the trend,it broke the previous high of RM1.38,but the oscillators and price movement suggest otherwise,as there is a beautifully and grand double top formed by the time the bull trend was coming to an end,and oscillators are moving sideways then downwards and it isnt showing a lot of strength when the minor bull trend occured.I pity those who bought its share when it broke its resistance.

The following days after the new high,the market entered a super bear trend,that made even drawing a trendline to link up the highs difficult.
At the moment,its still in a down trend.But there is a not so obvious bullish reversal pattern formed in one of the oscillators,still the price is far from the bands and its gonna take a while to break the trend line drawn there




as for mobif lol,like mark gil said

Heard that a lot of people instead of saving their money in the bank, they invest in Forex lor....There's few seminar held in Kuala Lumpur about how to earn from Forex conducted by Alan C. They always advertise in the Star newspaper.

Personally think that Iris has been total manipulated by the syndicate, there is no reason for a company share's trading volume exceed (not just exceed but triple or even more) its total paid up capital EVERYDAY for 3-5 months period consecutively without any real development of company business and future.

Up or down is just depended on their willingness to push it or not only, just like Repco in the 90's (which shoot to over 200). The syndicate just making embarrassment for the SC and laughing stock for foreigner investors regarding the healthiness of Malaysia Stock Market.

YOu are not a risk taker. so, dont blame him. Let it be. he love ppl use his money to generate more money. he have his right. cheers

MichaelWong,

There is a difference between

A) taking risk to make money and

B) taking risk to let others make money from you and leave nothing or little left.

Before you take your risk, you need to know whether you are doing (A) or (B). If you don't......

Dreamer

hi to all gurus,

just wondering what investment can i start to make/study/analyse now as i m going to graduate soon.

of course i will get a job later but i want to invest on something at the same time to gain extra side income

thanx in advance.

FD would b a good start jus my 2 cents...

Thanks for the advice, low yat 82.
As the matter of fact, i have deposited a small sum of money into FD two years ago and i am still gaining some interest now.

But i know it's the risk-free investment and of course i think most of you here agree that it will not grow as much as other investment.

I would prefer to learn or analyse other investments that would grow more in terms of money in the future.

i received PB Mutual Fund yearly statement. lol i dun understand anything there. XD hence i dun even know how to calculate, loss or earn and stuff.

lol mind to give me a lecture?


wtf

This post has been edited by ky_khor: Aug 22 2006, 12:36 AM

wanna ask here. here in uk now they offer this investment that they GUARANTEE the interest rate is high above the inflation rate, and it's RISK FREE. i saw it in the tv by this national investment and savings. they even find sir Alan Sugar to promote it.

so is there anything like this in malaysia so far?

amanah saham

Mind telling us which type of fund u invested it ?

the beginners welcomed's PB Balanced Fund

This post has been edited by ky_khor: Aug 22 2006, 12:05 PM

Balanced Fund today buy price is 0.7320, sell price is 0.7796

your statement say u have 1127.01 units @ 0.8873
1127.01 * 0.8873 = 999.995 (round up to 1k - ur initial investment ?)

Market value of ur units holding -
(1127.01+84.2) * 0.7320 = 886.605

Which means on paper you are losing 1000-886.61 = 113.39 at the moment

Hope I dint mislead you

This post has been edited by dEviLs: Aug 22 2006, 12:46 PM

if read that, it is better to invvest in index fund( passively manage fund ) which its follow d market trrend such as S&P 500..... but how ab in malaysia? kuala Lumpur Composite Index (KLCI).?

Mutual fund is a mid-long term investment. Since the service charge of most fund is around 5-6%, normally funds need to take 3 years to gain returns. In fact, many funds perform poorly, however, there're some give you return much higher than FD.

Ya, there're index fund in Msia, which performance is following the KLCI.

yar... i noe... i wanna noe wetehr, KLCI is good enough to follow.... btw, some of d funds offer in malaysia for index fund is outrages....

Hi,

It's better you understand about financial planning. Set your financial target, then come out some plans to achieve your target.

First, you can save up some money in FD, for emergency usage. This amount depends on your expenditure. It's advisable you save an amount equal to your three month expenditure, thus, even you are jobless for 3 months, you still can survive.
After that, plan some investment strategies, start with mutual funds, insurances then stock market. Mutual funds are easy to understand, it's low risk, also low returns, if compared to stock. Then you can go for stock trading in KLSE.

Good Luck.

Anyone here are investing property or should I call it real estate investment?sorry for being noob here..i am interesting in investing property like those buy house and u hold for a period of time than u sell it off.Anyone can give info about these stuff ?Can we earn alot through this ?What is the risk of investing a property ?

Hope someone here are willing to enlighten me